Discussing the options on where a seller can go after selling their house.
Lately, we’ve been getting asked by home owners about where they can go if they sell their house and don’t have a new home lined up. You might not have found your next home, or maybe your newly constructed home isn’t ready yet. Today we’ll talk about a few of your options.
First, you can do what is called a leaseback, where the buyer allows you to stay in your home after closing. They lease the house back, usually for 30 to 60 days. We’ve been successful negotiating this on our most recent transactions. Your second option would be to negotiate an extended closing date on the contract so that you can stay in your home. This too has become quite popular with buyers and sellers in contract.
Finally, you can use the equity in your house to make a very strong down payment on your next home. Many people don’t know how much equity they have, and they’re shocked by how much it turns out to be. You could purchase a new home leaving plenty of time to sell your current home.
Let us help you make those decisions. We’re happy to give you a free home valuation (with a complimentary equity analysis) or a guaranteed offer. Reach out to us by phone or email. We can schedule a no-obligation consultation. We look forward to hearing from you.
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